RIA NOVOSTI. Bank Tarkhany that is being rehabilitated is looking to bump up its charter capital fivefold to Rub 3.5 bln via an additional share issue. As RIA Novosti reported, a decision to this effect was adopted by the lending institution’s shareholder — the Deposit Insurance Agency (DIA).
As the bank’s data posted on the CBR web site show, currently its charter capital stands at Rub 700 mln.
In the fall of 2008 Bank Tarkhany faced difficulties in settlement operations. By November 23, 2008 the amount of money requested, but unpaid totaled Rub 674 mln. The bank applied for assistance to Rosselkhozbank, First Republican Bank and Morskoy Bank, and also DIA.
As of February 5, 2009 the lender’s real capital was negative (Rub 106.7 mln).
During the first few months of 2009 DIA decided to perform functions of a temporary administration at the bank, restoring proper customer operations.
On February 18 the bank’s charter capital was slashed to Rub 1.00 in accordance with Russian laws.
Last April DIA became a sole shareholder of Penza-based Bank Tarkhany after the acquisition of the latter’s Rub 700 mln SPO.
